138
138
Aug 27, 2013
08/13
by
FBC
tv
eye 138
favorite 0
quote 0
i look at detroit. detroit has highest tax rate and regulations than any other city in michigan, any other citizen. it has the worst public services. what it tells me more government is not the solution to this. you have to get government out of the way, and lower taxes. they hired bad mayors a lot of whom are in jail. they raised taxes and regulations. is there a message there? other cities and states that did differently like texas for example, are doing pretty well. >> we did exactly that. we pulled government out of the film. it doesn't talk about politics. we connect to the consumer. we can argue about who we want in office or who we want next. david: we don't want crooks in office and there is no argument there. that's what detroit had. >> no doubt. david: any politician, i will go to you, any politician who promises stuff they can't deliver, who problem is contracts to public sector unions, there is no possibility of being able to really follow through on, should be in jail as far as i'm concerne
i look at detroit. detroit has highest tax rate and regulations than any other city in michigan, any other citizen. it has the worst public services. what it tells me more government is not the solution to this. you have to get government out of the way, and lower taxes. they hired bad mayors a lot of whom are in jail. they raised taxes and regulations. is there a message there? other cities and states that did differently like texas for example, are doing pretty well. >> we did exactly...
141
141
Aug 13, 2013
08/13
by
KICU
tv
eye 141
favorite 0
quote 0
downtown detroit is booming in the face of bankruptcy. the motor city's urban areas is on the upswing, as demand for office space picks up. developers are flocking to office rentals that are estimated to be 7 to 25% less than renting space in the suburbs. "it's still malleable. it's still developing and determining what its going to be at the end of the day and with that folks feel that they can come in and actually be part of detroit's revitalization and redevelopment." that was dave blaszkiewicz with the downtown detroit partnership he says the area has at 99% occupancy rate right now. he adds the momentum has created 12 thousand jobs in the past 18 months. the u-s commodities futures trading commission is stepping up its probe into price-fixing of metals. the agency is asking one metals firm to hand over all of its correspondence with the london metal exchance since 2010. companies that use metal in products, such as coca-cola, have complained of limited output from factories, which drives up prices. the probe is also looking into who'
downtown detroit is booming in the face of bankruptcy. the motor city's urban areas is on the upswing, as demand for office space picks up. developers are flocking to office rentals that are estimated to be 7 to 25% less than renting space in the suburbs. "it's still malleable. it's still developing and determining what its going to be at the end of the day and with that folks feel that they can come in and actually be part of detroit's revitalization and redevelopment." that was dave...
66
66
Aug 28, 2013
08/13
by
ALJAZAM
tv
eye 66
favorite 0
quote 0
in a much closer game, the open athletics defeated the detroit tigers with the scores locked 3-0 in the fifth inning. brandon moss hit a two run home tore put oakland ahead on the way to winning 6-3. and of course there's plenty more, check out al jazeera.com/sports. that's it for now, doreen. >> okay, thank you very much for that. well, pakistani activists has won the international children's peace prize. you will remember her, she is the 16-year-old who survived an attack by the taliban last year. and she was shot in the head as she traveled home from school, and the award judges praised her as a brave and talented girl, who demonstrated special dedication to children's rights. more news, in a moment. aljazeera.com. once again that's aljazeera.com. ♪ ♪ theme >> good morning. this is aljazeera. i'm del walters, these are stories we are following at this hour. an international chorus of sharply divided voices weigh in on the best way to handle allegations of chemical weapons use in syria. >> waiting for the green light from the white house, the u.s. military says it is ready to laun
in a much closer game, the open athletics defeated the detroit tigers with the scores locked 3-0 in the fifth inning. brandon moss hit a two run home tore put oakland ahead on the way to winning 6-3. and of course there's plenty more, check out al jazeera.com/sports. that's it for now, doreen. >> okay, thank you very much for that. well, pakistani activists has won the international children's peace prize. you will remember her, she is the 16-year-old who survived an attack by the taliban...
102
102
Aug 11, 2013
08/13
by
FBC
tv
eye 102
favorite 0
quote 1
land in detroit right now is cheap. you can buy a house there if you want, but no one wants to right w. all right. so go elsewhere. >> all right. is part of the solution credit? >> i thought that was how we developed alaska, incentivizing people out there. but the government's had a role of developing this country. the private sector is strong enough now to hale the for profit housing market. there is a way to make money from a lot. there's all of these funds that are buying dilapidated properties. however, when you have a situation that's uneconomic where there is no free market solution, that's when it becomes the role of government. when you've got a house that's dilapidated, it's not going to go away if it's worth nothing like in detroit, for example. otherwise it's like a manmade disaster like a dust bowl. we have to fix up our own mistakes we made. >> okay. john, you've heard it all. >> frannie and freddie are going away, why aren't you celebrating? >> i was just in france, and, believe me, they like texan wearing
land in detroit right now is cheap. you can buy a house there if you want, but no one wants to right w. all right. so go elsewhere. >> all right. is part of the solution credit? >> i thought that was how we developed alaska, incentivizing people out there. but the government's had a role of developing this country. the private sector is strong enough now to hale the for profit housing market. there is a way to make money from a lot. there's all of these funds that are buying...
125
125
Aug 25, 2013
08/13
by
CNN
tv
eye 125
favorite 0
quote 0
so i mean i think the detroit region is definitely saveable, and i think if the detroit region comes back, i think detroit city may find its role within that region. >> detroit seems to be a story that's sort of in some ways opposed to your book and your thesis because it is a classic case where people left the city for the suburbs. you know, crime grew, it became a negative spiral. and the well-to-do white middle class and upper middle class just fled the city. they were doing fine, i suppose. in the outer suburbs, but the city itself imploded. >> it's sort of an outdated narrative. that was the path that everyone beat in the '50s and '60s and '70s. you had the white flight and everything. that's not happening anymore. i would agree with jennifer that detroit is in many ways an outlier. but one thing that's interesting about detroit is that it is a great model. planners are looking at it as a model of how to shrink. you know, nobody talks about shrinking in the planning world, but that is the proper response because you need to shrink the city to meet the demands of its inhabitants
so i mean i think the detroit region is definitely saveable, and i think if the detroit region comes back, i think detroit city may find its role within that region. >> detroit seems to be a story that's sort of in some ways opposed to your book and your thesis because it is a classic case where people left the city for the suburbs. you know, crime grew, it became a negative spiral. and the well-to-do white middle class and upper middle class just fled the city. they were doing fine, i...
28
28
tv
eye 28
favorite 0
quote 0
on the list of good investments ok i'm not an economist but i would say i just went to detroit recently and i really feel like it's coming back i mean you have to keep in mind this is a city that's already hit a low a major major low and i don't think it can get much lower than i did it's just going to go up from here i mean the hundred dollar houses i mean they're literally just trying to get rid of inventory so how do. we clear the market ok yes the one hundred dollar houses those do exist but on the flip side of that i was there and speaking to people downtown who were telling me that there is an apartment shortage that there are young people moving in and they have no place to live so it's very very ironic thing there's a demand for apartments and loft and condos for the young people that are coming in the city that have a desire who who are these young people who are coming into the city i know we kind of talked about well if there was absolutely means there is huge companies that are taking retire there is one quicken loans in particular which is run by dan gilbert just moved ther
on the list of good investments ok i'm not an economist but i would say i just went to detroit recently and i really feel like it's coming back i mean you have to keep in mind this is a city that's already hit a low a major major low and i don't think it can get much lower than i did it's just going to go up from here i mean the hundred dollar houses i mean they're literally just trying to get rid of inventory so how do. we clear the market ok yes the one hundred dollar houses those do exist...
14
14
tv
eye 14
favorite 0
quote 0
stay are we seeing the first domino right here with detroit is it oh about to fall. well it's not all about to fall and she's correct i believe in her assessment of all of these unfunded pensions etc but to us at the trends journal the did the fall of detroit the bankruptcy is a metaphor for the entire united states so let me explain this is from a it's gone from motown to no tax this this was the country you know henry ford giving workers a working wage so they could buy automobiles this is then becomes the place where dionne dust realisation began us and america starts sending its jobs to cheap labor markets whether within the states and then overseas and also bob very importantly it also became the blueprint for america's future in producing garbage quality products you know i'm old enough to remember when order mall bills were really great and then they became really crummy and that's when the japanese and other marketers moved in to the united states and then when you look at what's going on in detroit now in keeping the metaphor for the united states it's a new
stay are we seeing the first domino right here with detroit is it oh about to fall. well it's not all about to fall and she's correct i believe in her assessment of all of these unfunded pensions etc but to us at the trends journal the did the fall of detroit the bankruptcy is a metaphor for the entire united states so let me explain this is from a it's gone from motown to no tax this this was the country you know henry ford giving workers a working wage so they could buy automobiles this is...
23
23
tv
eye 23
favorite 0
quote 0
detail and yes a bit and i will discuss a number of recent global economic trends with gerald celente detroit fred summers versus yellen well you get the picture and hopefully we will get a handle on the future. and here's what's in your prime interest. channel in the dark from back to the future it's time to think fourth dimensionally that means we're going to look into the crystal ball with the help of gerald celente and he is the director of trends research institute gerald thank you for joining me thank you it's great to be with you well uni's are in the news we have detroit and we have this prediction from meredith whitney a few years ago which didn't come true in its day are we seeing the first domino right here with detroit is it all about to fall. well it's not all about the fall and she's correct i believe in her assessment of all of these unfunded pensions etc but to us at the trends journal the did the fall of detroit the bankruptcy is a metaphor for the entire united states so let me explain this is from a it's gone from motown to no tax this this was the country you know henry fo
detail and yes a bit and i will discuss a number of recent global economic trends with gerald celente detroit fred summers versus yellen well you get the picture and hopefully we will get a handle on the future. and here's what's in your prime interest. channel in the dark from back to the future it's time to think fourth dimensionally that means we're going to look into the crystal ball with the help of gerald celente and he is the director of trends research institute gerald thank you for...
29
29
tv
eye 29
favorite 0
quote 0
detail and yesterday and i will discuss a number of recent global economic trends with gerald celente detroit fred summers versus yellen well you get the picture and hopefully we will get a handle on the future. and here is what's in your prime interest. channel in the dark from back to the future it's time to think fourth dimensionally that means we're going to look into the crystal ball with the help of gerald celente and he is the director of trends research institute gerald thank you for joining me thank you it's great to be with you well muni's are in the news we have detroit and we have this prediction from meredith whitney a few years ago which didn't come true in its day are we seeing the first domino right here with detroit is it all about to fall. well it's not all about the fall and she's correct i believe in her assessment of all of these unfunded pensions etc but to us at the trends journal the did the fall of detroit the bankruptcy is a metaphor for the entire united states so let me explain this is from a it's gone from motown to no tax this this was the country you know henry
detail and yesterday and i will discuss a number of recent global economic trends with gerald celente detroit fred summers versus yellen well you get the picture and hopefully we will get a handle on the future. and here is what's in your prime interest. channel in the dark from back to the future it's time to think fourth dimensionally that means we're going to look into the crystal ball with the help of gerald celente and he is the director of trends research institute gerald thank you for...
13
13
tv
eye 13
favorite 0
quote 0
motions challenges that need to be filed against detroit's eligibility for bankruptcy it's a question that will be addressed in court in october and it may not happen still but if it does happen so these things hearing you know these things can really drive go for year yet again even in california two thousand and nine years so i know that the emergency manager wants to see this happen a lot quicker but when remains to be seen how long it's going to take and we've seen record highs in the stock market this week the s. and p. five hundred is above seventeen hundred many companies they're bringing in their earnings but large businesses are sitting on more than one trillion dollars one trillion dollars of excess cash you know would you put the detroit on the list of good investments ok i'm not an economist but i would say i just went to detroit recently and i really feel like it's coming back i mean you have to keep in mind this is a city that's already hit a low a major major low and i don't think it can get much lower than this i think it's just going to go up from here i mean old one
motions challenges that need to be filed against detroit's eligibility for bankruptcy it's a question that will be addressed in court in october and it may not happen still but if it does happen so these things hearing you know these things can really drive go for year yet again even in california two thousand and nine years so i know that the emergency manager wants to see this happen a lot quicker but when remains to be seen how long it's going to take and we've seen record highs in the stock...
12
12
tv
eye 12
favorite 0
quote 0
again because this is your hometown i know you care about it so let's just dive right into it so detroit faces a long and arduous path towards its historic bankruptcy and for an update on this i mean we're here with you know so what's been going on with the filing let's just start there right now obviously it was it did get the green light to go forward now is about to start you know bankruptcy proceedings the judge did just set a date august nineteenth is the key day to keep in mind it's a date by which all motions challenges that need to be filed against detroit's eligibility for bankruptcy it's a question that will be addressed in court in october and it may not happen still but if it does happen these things hearing you know these things can really drag out for your i can't even fill a whole california two thousand and nine year so i know that the emergency manager wants to see this happen all the dock worker but when the remains to be seen how long it's going to take and we've seen record highs in the stock market this week the s. and p. five hundred is above seventeen hundred many
again because this is your hometown i know you care about it so let's just dive right into it so detroit faces a long and arduous path towards its historic bankruptcy and for an update on this i mean we're here with you know so what's been going on with the filing let's just start there right now obviously it was it did get the green light to go forward now is about to start you know bankruptcy proceedings the judge did just set a date august nineteenth is the key day to keep in mind it's a...
173
173
Aug 12, 2013
08/13
by
KICU
tv
eye 173
favorite 0
quote 0
in today's cover story, detroit's bankruptcy is hurting investor's miles from michigan. plus, why soda is becoming a harder sell. and, here's man's new best friend: why more chickens and roosters are moving away from the farm. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's monday, august 12th. i'm angela miles. in today's first look: is the summer rally slipping away? the major indicies all fell friday, ending down for the entire week. it's the first weekly decline since june as traders fret over the fed's next move. gold was a gainer by $4. oil added on $2.63 apple shines in its patent case. the internationl trade commission ruled that samsung infringed on iphone patents owned by apple. samsung is expected to appeal. and aol has turned into a chatter stock. shares rose 2% friday on speculation the internet company is planning drastic cuts or that it may shut down its local news sites, called patch. scott shellady of trean group joins us on this monday morning. happy monday morning to
in today's cover story, detroit's bankruptcy is hurting investor's miles from michigan. plus, why soda is becoming a harder sell. and, here's man's new best friend: why more chickens and roosters are moving away from the farm. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's monday, august 12th. i'm angela miles. in today's first look: is the summer rally slipping away? the major indicies all fell friday,...
11
11
tv
eye 11
favorite 0
quote 0
financial system leeching out the vital nutrients or in this case can leave in the economy in places like detroit to dive. now the news in brief this on vodkas of the ousted egyptian president mohamed morsi say they now expect a massacre of the choosing to ignore the bomb in cairo say tens police have been ordered to put an end to the protests with the military bang to store his calling them a threat to national security the country remains on the brink of chaos with clinchers over the weekend leaving seventeen dead. until government protesters captured a city council building in rio de janeiro last night they were rapidly disclosed by police armed with stun guns and tear gas with clashes been break at and breaking out on the streets in protest stunts and back injury and. a bus fare hike that rapidly snowballed into nationwide anger over the government corruption. and up next we travel into the wilds of colombia for a closer look at the country's a booming gold industry. remember we talked about calling for regular folks like you and me that can make you invisible to draw lines while freedom fash
financial system leeching out the vital nutrients or in this case can leave in the economy in places like detroit to dive. now the news in brief this on vodkas of the ousted egyptian president mohamed morsi say they now expect a massacre of the choosing to ignore the bomb in cairo say tens police have been ordered to put an end to the protests with the military bang to store his calling them a threat to national security the country remains on the brink of chaos with clinchers over the weekend...
126
126
Aug 6, 2013
08/13
by
FOXNEWSW
tv
eye 126
favorite 0
quote 0
one difference between chicago and detroit. detroit is a one industry town. the president could make the argument if we bail them out it would help the automotive and all of these jobs. chicago the main industry is crime. and big safety budget and they don't have a money for budgets and union pressure. what happened? >> everyone is talking about chicago. it is in a similar boat to detroit. namely it spent too much and borrowed too much and cannot repay and pensions above all else, pensions are the killer. they have a teacher's union fun in collapse and four other pension funds have a liability of 19 billion. and what is ra m emmanuel going to do? he has to taken on the unions and beat back the pension and he will not get help from the state of illinois and he can't raise taxes they are sky high already and this is what you alluded to will not get a bail out from president obama. >> you don't think so. >> if the president helps detroit, he will have to help chicago and other cities that are hurting because of pension obligations. if, manual cannot get concessi
one difference between chicago and detroit. detroit is a one industry town. the president could make the argument if we bail them out it would help the automotive and all of these jobs. chicago the main industry is crime. and big safety budget and they don't have a money for budgets and union pressure. what happened? >> everyone is talking about chicago. it is in a similar boat to detroit. namely it spent too much and borrowed too much and cannot repay and pensions above all else,...
89
89
Aug 12, 2013
08/13
by
FBC
tv
eye 89
favorite 0
quote 0
we just opened a store in detroit. a regional store in new york and tribeca, and business is off the chart. liz: if you were to be talking to business leaders at a meeting, what would you say to convince them to do business in detroit? what of the positives? >> the committee is very interested in moving forward. the path is the past. everyone in the business community is set on moving forward and making this a better place to be. we found everyone to be wildly helpful and really helpful in our success. ashley: what about the tax point of view. part of the problem was the taxes went up to try and pay for more services. when they left, when half the town left that tax revenue went down. so from a tax point of view or incentives, what can detered offer companies that other states are now offering, such as wisconsin and indiana that a cherry picking companies as we speak from detroit? how do you stop that process? >> it is hard for me to comment because our business model was not predicated on receiving tax benefits. ashle
we just opened a store in detroit. a regional store in new york and tribeca, and business is off the chart. liz: if you were to be talking to business leaders at a meeting, what would you say to convince them to do business in detroit? what of the positives? >> the committee is very interested in moving forward. the path is the past. everyone in the business community is set on moving forward and making this a better place to be. we found everyone to be wildly helpful and really helpful...
24
24
tv
eye 24
favorite 0
quote 0
financial system leeching out the vital nutrients or in this case can leave in the economy in places like detroit to die. or stick around for the concert for now opening up the world update with a libyan court that was sentenced to death here a minister to death. he was found guilty of inciting violence kidnapping and murder during the two thousand and eleven uprising he was caught while gathering supporters in the town of sirte to fight against the insurgency and just days ago another regime official was also sentenced to death of gadhafi son is due in court this month. and to egypt where police have been ordered to put an end to the protests in cairo by backers of the ousted president mohamed morsi additional authority say the sit ins are a national security threat and all necessary measures will be taken by the post-coup crackdown on morsy supporters has not deterred protesters the clashes on saturday in the capital left seventy people dead. and vote counting underway after zimbabwe's presidential and parliamentary polls yesterday the results should see your fate of eighty nine year old presid
financial system leeching out the vital nutrients or in this case can leave in the economy in places like detroit to die. or stick around for the concert for now opening up the world update with a libyan court that was sentenced to death here a minister to death. he was found guilty of inciting violence kidnapping and murder during the two thousand and eleven uprising he was caught while gathering supporters in the town of sirte to fight against the insurgency and just days ago another regime...
14
14
tv
eye 14
favorite 0
quote 0
the marketers moved in to the united states and then when you look at what's going on in detroit now in keeping the metaphor for the united states it's a new form of voice stary t. measures here's how it goes we go bankrupt we don't have money to pay the pension is and the people that earn their money but i'll tell you what we have money for we're going to pay back those bags seventy five cents on the dollar how's that so when you look at woods going on in detroit and see what's going to be going on around the rest of the nation we're going to have these same problems this is what you could look forward to add one more word president obama say that detroit wasn't going to go bankrupt. well he might have said that and i would add the japanese they do produce some good cars but we have a key manufacturing statistic that came out today it's the manufacture report and it was fifty five point four it beat consensus so what are the relevance of these economics is i mean statistics to our economy right now. well that was a look at the one that came out of ad of china and that came out in fi
the marketers moved in to the united states and then when you look at what's going on in detroit now in keeping the metaphor for the united states it's a new form of voice stary t. measures here's how it goes we go bankrupt we don't have money to pay the pension is and the people that earn their money but i'll tell you what we have money for we're going to pay back those bags seventy five cents on the dollar how's that so when you look at woods going on in detroit and see what's going to be...
64
64
Aug 27, 2013
08/13
by
FBC
tv
eye 64
favorite 0
quote 0
detroit, you got company, and unions, i think you have trouble. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall clnt experience." 72 who says that detroit should have all of bankruptcy fun. neil: san bernardino, california, not far behind, city wants to crackdown on union benefits now way out of line, so out of line that city fears without the filing it will be finished, michelle fieldses said better to cramp down on unions now for their own sake as well as taxpayers sake. stuart acuff disagrees and said that the workers were promised their pensions, michelle, you think they have to do this now. >> any decision that takes power away from the union is a good decision, san bernardino was originally i middle class nice area, has turned into tons of foreclosures, and tons of poverty, the reason has to do
detroit, you got company, and unions, i think you have trouble. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall clnt experience." 72 who says that detroit should have all of bankruptcy fun. neil: san bernardino, california, not far...
156
156
Aug 29, 2013
08/13
by
KRON
tv
eye 156
favorite 0
quote 0
his 23rd year and 24 later on. 1021 as the final 14 for 21 hits and 28 runs in their first games in detroit, go figure! >> reporter: bottom second bottom second four runs and five hits. rockies starter during a no-hitter through six and struck out buster posey. a double play but still a no no. giants to rallying for three runs in the eight the but the rockies win 524. >> reporter: blank the call tonight but the story is outfielder was benched in the middle of the game after the fourth ending for lack of physical play. watching him put the crowd. but after that manley did pull him out. kinney shoe maker with a better chance to win and they did win. >> reporter: taking a look at them latest issue of sports illustrated he has been on espn and of course of your 90s and-fan he looks so good at times/year is easy to forget he made just 10 career starts. >> he is a person that studies the gaining very impressed with how he goes about his job. he takes on a great responsibility as a quarterback. very much an acquisition of data want to know all of the details. some of the co-chair more oracle to co
his 23rd year and 24 later on. 1021 as the final 14 for 21 hits and 28 runs in their first games in detroit, go figure! >> reporter: bottom second bottom second four runs and five hits. rockies starter during a no-hitter through six and struck out buster posey. a double play but still a no no. giants to rallying for three runs in the eight the but the rockies win 524. >> reporter: blank the call tonight but the story is outfielder was benched in the middle of the game after the...
150
150
Aug 15, 2013
08/13
by
FBC
tv
eye 150
favorite 0
quote 0
new york citnew york city to bee fate as detroit. dealing with the pension and health care cost that has mayor bloomberg calling the risk of a bankruptcy a real concern. connell: david lee miller joins us. >> consider this, detroit is the largest u.s. city to ever declare bankruptcy. up to $18 billion. a little more than three months time. they will elect a new mayor, just days ago mayor bloomberg had his words reverberated around new york. >> bloomberg says pension and health care cost contributing to the financial ruins threaten the economic stability. most new york city employees and retirees pay nothing for $6.3 billion in annual health insurance. workers pay little for pension that have taxpayers on the hook for $8 billion this year. spiegel in your city has 10,000 police officers retired were for under 40 and clayton pensions and they will collect the pensions for the rest of their lives. >> expired at least three years ago, the next mayor will be under pressure to win concessions. >> the unions have tried to wait it out. putti
new york citnew york city to bee fate as detroit. dealing with the pension and health care cost that has mayor bloomberg calling the risk of a bankruptcy a real concern. connell: david lee miller joins us. >> consider this, detroit is the largest u.s. city to ever declare bankruptcy. up to $18 billion. a little more than three months time. they will elect a new mayor, just days ago mayor bloomberg had his words reverberated around new york. >> bloomberg says pension and health care...
119
119
Aug 29, 2013
08/13
by
ALJAZAM
tv
eye 119
favorite 0
quote 0
workers in new york, chicago and detroit have walked off the job
workers in new york, chicago and detroit have walked off the job
83
83
Aug 27, 2013
08/13
by
FBC
tv
eye 83
favorite 0
quote 0
your link with what's next. 72 who says that detroit should have all of bankruptcy fun. neil: san bernardino, california, not far behind, city wants to crackdown on union benefits now way out of line, so out of line that city fears without the filing it will be finished, michelle fieldses said better to cramp down on unions now for their own sake as well as taxpayers sake. stuart acuff disagrees and said that the workers were promised their pensions, michelle, you think they have to do this now. >> any decision that takes power away from the union is a good decision, san bernardino was originally i middle class nice area, has turned into tons of foreclosures, and tons of poverty, the reason has to do with unions they got involved in the city council elections they put tons of money to ensure that union-backed piticians got elected and made sure that public sector unions got overly generous with salaries and benefits. neil: you don't think there was a lot of hapless oppositions and the left and right, some of whom never supported by union known who was just clueless? >> t
your link with what's next. 72 who says that detroit should have all of bankruptcy fun. neil: san bernardino, california, not far behind, city wants to crackdown on union benefits now way out of line, so out of line that city fears without the filing it will be finished, michelle fieldses said better to cramp down on unions now for their own sake as well as taxpayers sake. stuart acuff disagrees and said that the workers were promised their pensions, michelle, you think they have to do this...
109
109
Aug 30, 2013
08/13
by
FBC
tv
eye 109
favorite 0
quote 0
detroit, america is in big trouble. that's our show. see you next week.dends to watch, and have a great night. lori: a very good evening thank you so much peer being with us, i am lori rothman in for lou dobbs. >> obama administration making its case for taking military action against syria, briefing lawmakers about their conclusion that syria government carried out a large scale chemical weapons attack, tonight we speak with fox news military analyst, general jack king on whether the president is justified in takes action. even without the backing of allies or the united nations. >> and questionsemain about our involvement in libya. and the terrorist attack in benghazi, we'll talk with larry ward, a group of special operation veterans who are calling on house speaker john boehner to create a appreciate committee to -- special committee t investigate the attack. >> and administration refusing to enforce a law it does not like, now giving states green light to adopt regulation legalizing small amounts of marijuana, dobbs lawakes up the c
detroit, america is in big trouble. that's our show. see you next week.dends to watch, and have a great night. lori: a very good evening thank you so much peer being with us, i am lori rothman in for lou dobbs. >> obama administration making its case for taking military action against syria, briefing lawmakers about their conclusion that syria government carried out a large scale chemical weapons attack, tonight we speak with fox news military analyst, general jack king on whether the...
96
96
Aug 19, 2013
08/13
by
FBC
tv
eye 96
favorite 0
quote 0
they are saying is detroit really bankrupt? >> there are a lot of people who will take issue with what detroit is trying to do. it is important to remember before they got here. they are responsible for their own on doing. until a couple years ago, if you are a public safety official in detroit, you could retire at 55 with 80% of your salary and health care. this is the day of reckoning. it is important that this be done right. this is the first city that is trying. dagen: that raises the issue. so many others have been thrown up their. those cities would not act, with day, jason, until it is clear that detroit can do this. >> that is why it is so important here. they are saying that this violates the constitution. you cannot reduce benefits for retirees. that violates the state constitution. what some of us are hoping is these contracts can be renegotiated. if they get away with protecting retiree benefits through this chapter nine filing, what you will see is other cities using chapter nine. we do not want it to happen. that
they are saying is detroit really bankrupt? >> there are a lot of people who will take issue with what detroit is trying to do. it is important to remember before they got here. they are responsible for their own on doing. until a couple years ago, if you are a public safety official in detroit, you could retire at 55 with 80% of your salary and health care. this is the day of reckoning. it is important that this be done right. this is the first city that is trying. dagen: that raises the...
139
139
tv
eye 139
favorite 0
quote 0
is but their pension obligations are, their pension system is in worse shape than detroit's, detroit's system is considered an argument how well funded it is but they have four pension systems in chicago, one of them is only 25% funded and the other one is only 38% funded. lori: may be funded through property taxes. no one will raise property taxes. >> interesting you say that. former chief financial officer of chicago did an estimate, in order to pay the bill they would have to raise property taxes 50% to 100%. lori: who is going to vote for that? >> the illinois constitution says you have to pay the pensions so here you have the immovable object and irresistible force. >> any other sources? >> no matter where the money comes from is coming from taxpayers, not the state of illinois. they are a fiscal mess. they don't have enough money to put in their pension system. they have been borrowing billions every year and i can't think of another state with a fiscal problem that the level they do so is not from illinois. lori: is in a domino situation? we watched detroit and now chicago, woul
is but their pension obligations are, their pension system is in worse shape than detroit's, detroit's system is considered an argument how well funded it is but they have four pension systems in chicago, one of them is only 25% funded and the other one is only 38% funded. lori: may be funded through property taxes. no one will raise property taxes. >> interesting you say that. former chief financial officer of chicago did an estimate, in order to pay the bill they would have to raise...
70
70
Aug 25, 2013
08/13
by
CSPAN
tv
eye 70
favorite 0
quote 0
if you don't know, think of detroit. would you lend to detroit today? you wouldn't. you would want to find out what happens to others who lend to detroit. there is the longer-term agenda. that has to do with potential growth. that speaks to education. it speaks to some micro things that we should be doing. one of the problems of the fed being the center of attention is it diverts discussion away from other things. there is this whole set of other things that are more important for us and for the next generation, that this whole narrative have shifted away from. >> as chief of the white house global council of economics, what types of new projects are you working on? >> you have promoted me. [laughter] i am grateful to be chair of the council on global development. the notion is very simple. part of securing u.s. national security and economic future and living in a global neighborhood that is more prosperous. it has had numerous advantages. the idea is to contribute and bring in outside perception. we are a council made of people from very different backgrounds and e
if you don't know, think of detroit. would you lend to detroit today? you wouldn't. you would want to find out what happens to others who lend to detroit. there is the longer-term agenda. that has to do with potential growth. that speaks to education. it speaks to some micro things that we should be doing. one of the problems of the fed being the center of attention is it diverts discussion away from other things. there is this whole set of other things that are more important for us and for...
324
324
Aug 31, 2013
08/13
by
CNNW
tv
eye 324
favorite 0
quote 1
. >>> economic troubles have left a very heavy mark on detroit. homes left abandoned to the elements, entire neighborhoods wiped out. but it's not just people who are down and out in the city. [ tires screech ] [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing during our certified pre-owned sales event through september 3rd. then you'll love lactose-free lactaid® it's 100% real milk that's easy to digest so you can fully enjoy the dairy you love. lactaid®. for 25 years, easy to digest. easy to love. at humana, our medicare agents sit down with you and ask. being active. and being with this guy. [ male announcer ] getting to know you is how we help you choose the humana medicare plan that works best for you. mi familia. ♪ [ male announcer ] we want to help you achieve your best health, so you can kee
. >>> economic troubles have left a very heavy mark on detroit. homes left abandoned to the elements, entire neighborhoods wiped out. but it's not just people who are down and out in the city. [ tires screech ] [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer...
73
73
Aug 28, 2013
08/13
by
ALJAZAM
tv
eye 73
favorite 0
quote 0
. >> reporter: being a community activist in detroit is a duty. it's an obligation. it's something that you have to want to do. >> it's good to come back and rekindle the energy and spirit that i felt 50 years ago. the fact that dr. king is no longer here as well as others who stood with him gives me the challenge to pick up where they left off, to keep things going, bringing my granddaughters with me is passing that legacy to them so they will keep doing what i've done, what they've done, to keep america to be a better place. [♪ music ]
. >> reporter: being a community activist in detroit is a duty. it's an obligation. it's something that you have to want to do. >> it's good to come back and rekindle the energy and spirit that i felt 50 years ago. the fact that dr. king is no longer here as well as others who stood with him gives me the challenge to pick up where they left off, to keep things going, bringing my granddaughters with me is passing that legacy to them so they will keep doing what i've done, what...
223
223
Aug 28, 2013
08/13
by
MSNBCW
tv
eye 223
favorite 0
quote 0
oakland beat detroit. braves won again and the pirates lost to the brewers. >> come on pirates. >> went 3 for 4, two rbis in my softball game. >> you laid down a couple doubles? >> i hit a couple, no one. >> did they bring out the respirator? >>> let's go to the u.s. open. 296th ranked victoria duval stunned samantha stoeser. it is her first win against a top 20 opponent. her family comes from haiti. her father was actually buried in the rubble in the earthquake three years ago and had to be dug out of the rubble. >> that's an incredible story. >>> more drama from the new york jets camp. the team signed former green bay packers quarterback. he was released after losing out to vince young in green bay for the number two spot. harrell expected to report with the team today. another quarterback joins on the jets roster. rex says he may not make anyone a starter until opening day, day of the game. bring in more quarterbacks. >>> still ahead on "morning joe" governor rick snyder joins us ahead of tomorrow's spe
oakland beat detroit. braves won again and the pirates lost to the brewers. >> come on pirates. >> went 3 for 4, two rbis in my softball game. >> you laid down a couple doubles? >> i hit a couple, no one. >> did they bring out the respirator? >>> let's go to the u.s. open. 296th ranked victoria duval stunned samantha stoeser. it is her first win against a top 20 opponent. her family comes from haiti. her father was actually buried in the rubble in the...
23
23
tv
eye 23
favorite 0
quote 0
are facing near poverty that's four out of five adults struggling to make ends meet and just look at detroit which recently filed the largest municipal bankruptcy in u.s. history that it close to twenty billion dollars and yet all we hear is that there is nothing the government can do to help restore american cities if it means public employees losing their pensions or an indefinite and the basic public services and look don't get me wrong i'm not suggesting that american taxpayers should be bailing out every city that files for chapter nine what i am saying though is that the government's priorities are completely out of whack remember when we were told that bailing out the largest corporations in financial institutions that caused the great recession was necessary to save. the economy well we were hoodwinked because not only was that completely untrue but the seven hundred billion dollars so-called rescue was actually more like twelve point eight trillion according to bloomberg so where all the money really go here's rep alan grayson asking for much fed chairman ben bernanke to account for
are facing near poverty that's four out of five adults struggling to make ends meet and just look at detroit which recently filed the largest municipal bankruptcy in u.s. history that it close to twenty billion dollars and yet all we hear is that there is nothing the government can do to help restore american cities if it means public employees losing their pensions or an indefinite and the basic public services and look don't get me wrong i'm not suggesting that american taxpayers should be...
19
19
tv
eye 19
favorite 0
quote 0
so the excuse that the government can't help detroit continues to funnel billions of dollars and other countries doesn't quite add up you see the people that create the wealth in this country deserve a piece of the pie and that should be top priority. these days it seems that big brother is really it's ugly head around every corner of the planet invading nearly every aspect of our lives and well two thousand and twelve saw an unprecedented growth in technology capable of dropping needs in the most innocuous of places two thousand and thirteen is proving to be even worse but whenever something has the ability to be used as a spine device it's also vulnerable to being hacked so to go over the vast reach of big brother today i'm joined now by b.t.s. producer emmanuel got off a low man but a lot. of those crazy. drop in papers so let's talk about networks because i think this is probably the biggest revelation in the wake of the n.s.a. leaks and just realizing how expansive the spying grid really is not just across america but across the world just i mean absolutely that's what we were lea
so the excuse that the government can't help detroit continues to funnel billions of dollars and other countries doesn't quite add up you see the people that create the wealth in this country deserve a piece of the pie and that should be top priority. these days it seems that big brother is really it's ugly head around every corner of the planet invading nearly every aspect of our lives and well two thousand and twelve saw an unprecedented growth in technology capable of dropping needs in the...
430
430
Aug 2, 2013
08/13
by
FOXNEWSW
tv
eye 430
favorite 0
quote 0
>> steve: i'm doing better than detroit. detroit should have seen this coming. when you spend lots more on your outgo than your income, that will be your downfall, to quote you. >> detroit had a real serious maybe terminal case of cranial rectumitis. that's a technical term. in 1954, a little half breed indian woman who was born on a reservation southeast of oklahoma never had more than a second grade education issue never had a bank account, but she pulled her grandson to her and put her arms around him and said, listen, larry wayne, she handed him a 5-dollar bill. she said, you take good care of that and don't spend that like a fool because it may be the last one i ever get to give you. she had been through the depression and knew banks would close. she never had a bank account or credit card. never yet wrote a check in her life. she paid her bill every saturday morning after my grandfather gave her his check from sinclair oil company on friday afternoon. she told me, don't you ever forget this, as she handed me that five. when your outgoing exceeds your incom
>> steve: i'm doing better than detroit. detroit should have seen this coming. when you spend lots more on your outgo than your income, that will be your downfall, to quote you. >> detroit had a real serious maybe terminal case of cranial rectumitis. that's a technical term. in 1954, a little half breed indian woman who was born on a reservation southeast of oklahoma never had more than a second grade education issue never had a bank account, but she pulled her grandson to her and...
182
182
tv
eye 182
favorite 0
quote 0
chicago and detroit? i spent time in both places, anybody who have been to those places say chicago's nothing like detroit, and look at the reasons that it actually doesn't make sense they would be on the same path. chicago, different city than detroit in that there's a strong tax base, a growing population. detroit's population, you know, famously has slunk dramatically. there's companies moving into town, boeing recently relocated its corporate headquarters here, and it's also a multiindustry city, not like detroit with a single industry that drives the town, but here's how they are the same. pensions, it comes down to pensions. municipal pensions. chicago has four pension funds, short about $20 billion. they got a budget deficit of about three-quarters of a million dollars. moody's downgrade the the city, and it's not going to get better as time goes on. in 2015, a new state law requires even more to be put into the pension funds, and that could cause property tax increase of maybe a hundred to 150%. a
chicago and detroit? i spent time in both places, anybody who have been to those places say chicago's nothing like detroit, and look at the reasons that it actually doesn't make sense they would be on the same path. chicago, different city than detroit in that there's a strong tax base, a growing population. detroit's population, you know, famously has slunk dramatically. there's companies moving into town, boeing recently relocated its corporate headquarters here, and it's also a multiindustry...
104
104
Aug 26, 2013
08/13
by
ALJAZAM
tv
eye 104
favorite 0
quote 0
college has sky rocketed and so has the salaries of president and one man who has not turned his back on detroit and they see opportunity where others see a dying city and this is real money.
college has sky rocketed and so has the salaries of president and one man who has not turned his back on detroit and they see opportunity where others see a dying city and this is real money.
181
181
Aug 30, 2013
08/13
by
MSNBCW
tv
eye 181
favorite 0
quote 0
it's just spectacular for detroit. you know, when i was in college i spent a decent amount of time in the city. i loved the city and the idea, you know, the shinola watch, it's cool for detroit to be cool again, i think, is great. they have to kind of deal with that little bankruptcy detail but -- >> not cool. >> but for the city to be coming back, you know, i think it's something the whole country can be proud of. >> you look downtown, richard haas, in detroit, how exciting that over 90% of the buildings occupied. like downtown detroit, is starting to thrive again. you know, go back there five years ago, a lot of hollowed out buildings. >> two other things we have to do. one, we have to improve our education. we have lots of jobs in this country going vacant because we're not graduating enough people that have the skills we need. the trade deals we're negotiating in asia and europe they're a tremendous engine of american exports. if we can get them through congress a lot more americans will be at work in good high-pay
it's just spectacular for detroit. you know, when i was in college i spent a decent amount of time in the city. i loved the city and the idea, you know, the shinola watch, it's cool for detroit to be cool again, i think, is great. they have to kind of deal with that little bankruptcy detail but -- >> not cool. >> but for the city to be coming back, you know, i think it's something the whole country can be proud of. >> you look downtown, richard haas, in detroit, how exciting...